Squirrel Hill Pittsurgh Real Estate Market Update

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Squirrel Hill PA Real Estate

The Squirrel Hill (Sq. Hill) PA real estate market continues to be active in October with strong demand from buyers.  Squirrel Hill PA is similar to it’s neighbor in Shadyside because they both offer a variety of price range of homes, town homes and condos for sale. This East End neighborhood boarders both Frick Park and Schenley Parks which are two of the top parks in the country!  One of the things I enjoyed most about living in Squirel Hill was having access to both parks. Both parks are very dog friendly (while dogs must be on lease Frick has an off lease area) and great for jogging, hiking and biking.  Click here to search homes for sale in Squirrel Hill PA.

Sq. Hill PA Real Estate Market Update October 19, 2013

Currently there are 85 active properties for sale in Squirrel Hill PA ranging in price from $2,500.000 for 1830 Beechwood Blvd. to $98,000 for a 1 bedroom condo at 5715 Beacon. 19 single family homes sold in Sq Hill in September 2013.  The most expensive sale in September was 1401 Beechwood.  The home was initially listed at $749,900 in April of 2013, was reduced to $699,000 at the end of May 2013 and sold for $600,000 on September 3, 2013. On the lower end of the Squirrel Hill PA real estate market was 5715 Beacon #303.  This is a 1 bedroom, 1 bath condo that sold for $73,340 September 15, 2013. This building is in a great location in the heart of Sq. Hill’s business district but it’s restricted to residents 62 years of age or older.  There were 9 properties sold between $200,000 and $300,000 and 3 homes sold in Sq. Hill in the $400,000-$5,00.000 range.  11 properties in Squirrel Hill are “contingent” and 5 properties are “under agreement”.   The term “Contingent” is used once an offer is accepted.  The buyer has a specific time frame, in PA the contract reads 10 days unless the buyer request more time to do home inspection. radon, pest or any other due diligence.  Once inspections are complete the buyer can negotiate credits with the seller. Once this negotiation is complete the buyer the contract is considered under agreement and with no contingencies.